WNS (Holdings) Limited (WNS) Announces Quarterly Earnings Results

WNS (Holdings) Limited (NYSE:WNS) posted its earnings results on Friday. The business services provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.49 by $0.04, MarketWatch Earnings reports. WNS (Holdings) Limited had a net margin of 6.66% and a return on equity of 18.73%. The firm had revenue of $182.30 million during the quarter, compared to analysts’ expectations of $175.36 million. During the same quarter in the prior year, the firm earned $0.42 EPS. WNS (Holdings) Limited’s quarterly revenue was up 26.9% on a year-over-year basis. WNS (Holdings) Limited updated its FY18 guidance to $1.93-2.06 EPS.

WNS (WNS) traded up 3.88% on Friday, hitting $37.99. 261,053 shares of the stock traded hands. The stock has a 50-day moving average price of $36.78 and a 200 day moving average price of $34.26. The stock has a market cap of $1.92 billion, a P/E ratio of 47.55 and a beta of 0.98. WNS has a 12-month low of $24.82 and a 12-month high of $38.24.

Several research firms have commented on WNS. Cowen and Company restated a “buy” rating and issued a $43.00 target price on shares of WNS (Holdings) Limited in a research report on Sunday. Needham & Company LLC restated a “buy” rating and issued a $46.00 target price on shares of WNS (Holdings) Limited in a research report on Sunday. Citigroup Inc. upped their target price on shares of WNS (Holdings) Limited from $40.00 to $43.00 and gave the stock a “buy” rating in a research report on Friday, October 13th. Robert W. Baird restated a “buy” rating on shares of WNS (Holdings) Limited in a research report on Wednesday, October 11th. Finally, SunTrust Banks, Inc. reiterated a “buy” rating and issued a $41.00 price objective on shares of WNS (Holdings) Limited in a report on Monday, October 9th. One investment analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $40.80.

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About WNS (Holdings) Limited

WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.

Earnings History for WNS (Holdings) Limited (NYSE:WNS)

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